Ugro Capital has raised Rs 50 crore through the allotment of Commercial Papers (CPs) of face value Rs 5,00,000 each. Tenure of the said security 30 days and redemption date is June 28, 2024. The Investment and Borrowing Committee of the Board of Directors of the Company (Committee), on May 29, 2024 has approved allotment of the same.
UGRO Capital is a BSE listed, small business lending fintech platform.